tradmap

LAB Financials STANDARD BIOTOOLS INC.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 9.2% per year over the past 5 years.
  • Operating margin has contracted, at -129.2% in the latest year.

Financial health

  • Total debt has grown slower than revenue (-93.2% vs -9.2% per year).
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.5 years of cash runway.
Revenue & net income
-$190M -$26M $138M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-194% -69% 56% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$152M -$76M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $98M $195M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$178M $92M $363M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $85M -$75M 49.9% -129.2% -$83M $121M
2024 $91M -$139M 49.3% -140.1% -$152M $299000 $167M
2023 $106M -$75M 47.4% -72.0% -$46M $64M $52M
2022 $98M -$190M 37.8% -118.6% -$93M $65M $81M
2021 $131M -$59M 0.0% -51.7% -$57M $28M
2020 $138M -$53M 0.0% -36.9% -$28M $69M
2019 $117M -$65M 54.8% -44.2% -$38M $22M
2018 $113M -$59M 54.6% -42.6% -$26M $95M
2017 $102M -$61M 51.0% -57.3% -$26M $195M $58M
2016 $104M -$76M 55.9% -70.1% -$44M $35M
2015 -$53M -$39M $29M
2014 -$53M -$30M $34M
2013 -$17M -$5M $35M
2012 -$19M -$20M $0 $59M
2011 -$22M -$19M $10M $14M

Valuation over time

How the market has priced LAB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 6.0 11.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is LAB growing its revenue and profit?

Over the past 5 years, STANDARD BIOTOOLS INC.'s revenue has declined 9.2% per year. These are computed facts, not advice.

How much debt does LAB have?

As of FY2025, STANDARD BIOTOOLS INC. reported — of total debt against $121M of cash.

What is LAB's profit margin?

In FY2025, gross margin was 49.9%, operating margin -129.2%, and net margin -87.8%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.